Jeffrey Epstein's estate has agreed to pay more than $105 million to the U.S. Virgin Islands, settling claims that the financier used the territory for his decadeslong sex trafficking operation under the guise of running a financial advisory firm.
Properties on Little Saint James Island, one of the private islands owned by Jeffrey Epstein, in the U.S. Virgin Islands, Aug. 27, 2019.
George, whose office filed a civil racketeering lawsuit against Epstein’s estate in January 2020, had argued that the U.S. territory was deceived into granting lucrative tax benefits to Epstein’s Southern Trust Co. That enabled Epstein to use his island residence as a place to sexually abuse young women and finance his lavish lifestyle, George argued.
The settlement closes one more chapter in the long and sordid scandal of the secretive financier, who managed to forge close associations with a long list of wealthy men, politicians and celebrities despite whispers and allegations that he had sexually abused teenage girls and young women. Federal authorities have not charged anyone else in connection with Epstein’s activities, which reportedly occurred at his residences in the Virgin Islands, New York, New Mexico and Palm Beach, Florida, according to court papers and lawsuits.
According to the lawsuit, Epstein told Pierson, who was a single mother, that he was going to introduce her to a “very powerful and wealthy” man who might be able to provide her with financial help.
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